SANDS China on the way down!SANDS China SCHYY is looking at retesting some old support levels. SHORT
Sandschina
Sands China is approaching resistance, potential reversal Prices are approaching our resistance in line with our descending trend line, 61.8% retracement and 61.8% extension where we could see a reversal below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
Sands China is facing bullish pressure Prices are facing bullish pressure from our ascending trend line and could see a further upside above this level. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Sands China reaching support, potential bounce Price is reaching our first support in line with our ascending trend line where we could see a bounce above this level.
